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is the in recess for their weekly party caucuses. they will return at 2:15 for more work on then line sales tax bill. a motion to proceed on the bill could come tomorrow unless an agreement is reached today. learn more about your senators with c-span's 2013 congressional direct at this. it is available to order online. a handy guide to the current congress. has information about each member of the hoist and senate. it includes contact information, district maps and committee asassignments. the directory is 12.95 plus shipping and handling and order online. a short time ago we spoke with a capitol hill reporter with the latest on the legislation the senate is debating today on the internet sales tax. gautham nagesh from roll call on capitol hill. what is the purpose of this internet sales bill? >> it would require states online retailers, charge sales tax and collect and remit them when consumers make a purchase online. that includes retailers not within their own state. >> who are some of the bill's supporters and why do some of them say it will level the playing field for retailers? >> well, t
them recover. bill: also president obama's budget plan taking a bit of a heat for new taxes on middle class. that wasn't supposed to be the? how much families are supposed to pay. martha: there is the scene in denver. what a morning commute in lakewood, colorado. they're making it a slow-go. it is may next week, right? we'll be right back. the farmers' market. maybe another headache will get in the way. maybe you'll have some friends over for dinner. maybe you'll have a migraine. if you have migraines with 15 or more headache days a month, you're living a maybe life. and you may have chronic migraine. but knowing this thing you're going through has a name means knowing you can find treatments that are right for you. go to mychronicmigraine.com to find a headache specialist. and don't live a maybe life. bill: rock concert taking on a whole new meeting. watch this guy. witnesses report seeing a flash more than 250 miles away, that is the stage of the concert, behind stage right, boom. astronomers estimate the object was eight inches across only when it entered the atmosphere. that there
is saying today. >>> also your online shopping could get very different very soon. is it a tax hike or just a way to help out some small business owners? prices will be going up. >>> and the sounds of a sickening discovery. aerothe 911 calls made by the people of west texas as they reported on that plant explosion that just about wiped part of their town off the map. all of that and breaking news as the second hour of "happening now" starts right now. jon: a new terror plot uncovered in canada linked to al-qaeda in iran. the alleged target, a passenger train traveling between new york and toronto. it is a brand new hour of "happening now," thanks for joining us, i'm jon scott. jenna: hi, everybody, i'm jenna lee, and here's the story. there are two suspects now in custody, and they will be appearing in court today. canadian police picked them up in montreal and toronto following what's been described as a lengthy investigation. the men allegedly received direction and guidance from al-qaeda members, and here's the catch: apparently, these al-qaeda members were based in iran. national corres
is not growing and getting a little weaker with the higher taxes, but, you know, and i also like netflix. i like amazon. i like sales force. i like companies that they actually are creating demand because they're new leading edge products. yes they have a very high p-e. so does sales force. so does amazon. but they're generate, they at tracking new revenues from new businesses that didn't exist before. netflix is a great example. david: one. hits against apple right now, which you are recommending. and this is to michael. they haven't come out with a new product line. they have been sort of revising some old models. does that concern you? are you still for apple even though the new products don't seem to be anywhere to be seen? >> i would agree with you, in the past couple quarters we haven't seen anything compelling coming out. but i think that is going to change. i think we heard a lot about an i-watch. i think we heard about itv. we heard about a new ipad coming out. we'll get something not a complete makeover but a new iphone. i believe the product seitel will -- cycle will get much better n
at $400 a share. it's got more than $100 net cash even after paying taxes, so you're paying $3,000, any earnings down 25% from what's expected. he put a ten p-e on that and this is a very cheap stock unless you believe that earnings will decline every year from here on out. that's ahead of the case and we're not buying ahead of it because we like the position that we have, you know, but we think it's an exceptionally cheap stock at this level. >> it will be one of the most-watched numbers of the quarter. thanks so much. >> thank you. >> switching gears, they were grossly negligent in the lead up to the brokerage firm's collapse. kayla tausche has more on this story which she's been following from its earlier days. >> it seems like it's been forever, david. we're getting a 61-page lawsuit from the bankruptcy court in manhattan. it takes aim at john corzine and the coo and cfo breaching fiduciary duty as it entered a downward spiral in 2011. it seeks an unspecified amount in damages. trustees won approval for a liquidation plan. in a statement, trustee louis freeh says attempts at med med
have a worry about the consumer and tax refunds will start coming now. credit conditions support employment and certainly consumer staples look very expensive. >> what about utilities up 19% so far this year? utilities are up 16% and health care up 19%. is your money safe in there? will they continue to hold up? >> we've been overweight utilities so i'm not going to be too uncomfortable with that and that's improvement with natural gas prices and in health care it's been very much about dividends and that we saw reimbursement rates that were supposed to be cut recallier this year, and i think it's too late to be on the healthcare bandwagon. >> sectors like materials which have not been with the rally and do you think some of the underperforming sectors will catch up? >> we are worried about materials still and we have to be careful in the u.s., chemicals are 20% metals and mining and look at the s&p 500 materials sector. europe is a big problem for chemical companies and even though they have shale gas as a feed stock, the problem is 20%, 25% of their business is probably going t
of jobs were expanded. >>> 7:47. ebay may be on the losing end of a battle over internet sales tax. the online retailer wants customers to tell federal lawmakers they oppose a to collect sales tax on internet purchases. ebay says the sales tax would hurt small businesses. but the u.s. senate overwhelmingly agreed to start debating the idea. online retailers are exempt with less than $1 million a year. >>> nevada is accused of dumping psychiatric patients in california to save money. pam cook is in our newsroom with the alarming accusations and what the city of san francisco is doing about it. >> well, a nevada state mental hospital is accused of putting psychiatric patients on greyhound buss headed for california -- buses headed for california. it doesn't stop there. the hospital in las vegas loaded up 1500 patients on buses and sent them out of state. now dennis herrera is demanding answers. >> it's very disconcerting when i think about these individuals given one-way passes on buses, no meds, food or drink. >> herrera is asking the allegations to be looked into. he says if the al
is to make sure any people moving to rpi is paying all taxes. if the language has to be clarified, that is what the committee process is for. >> thank you very much. i see my time is expired. thank you very much. >> thank you. a wanted to thank you very much. this is a broad reaching portion. i'm grateful for you doing your very best, particulate at this time when we open this hearing for reflections on the tragedies in boston and west texas. i am from the mid-atlantic, what assurance can negus of islam to great the ability to issues that >> this is to make sure that the additional activities are defined. this'll help the economy grow and every state. >> there has been some discussion about discretion. under current practice they use the authority very sparingly. it said is have shown roughly 1% of all cases. how much more should we expect the department to exercise ?iscretion decks >> mardy do that pursuant to policy. -- we do not think that is pursuant to policy. >> they spent time the information from own cases. significantspend time because there's a discovery .rocess >> provi
and tax increases on the wealthy. >> this fight is playing out in court as well. the nation's airline association is suing the f.a.a. to halt these furloughs claiming that the administration has the authority to cut elsewhere. bret? >> bret: rich edson at washington's international airport. rich, thanks. wall street is trying to recover from its worst week of the year. the dow gained 20. the s&p 500 was up 7. the nasdaq finished up 27.50. >> we're not so sure about obama phone, however. whether he likes it or not, and even though he didn't create it, chief news correspondent the president is linked to another popular give away program. >> what started out as an effort ronald reagan help people in poor areas have a phone in rural areas has mush roomed in what rit particulars suspect is a new welfare program. >> the cost has gone from $143 million a few years ago to $2.2 billion today. a 15 times increase. >> the cost of the program left after cell phones were added in 2008. only low income people on welfare legally qualify but lawmakers say the program is out of control. >> i got a sol
the coolest video we have seen in california already offers tax incentive to you if you buy a hybrid vehicle but one lawmaker wants to sweeten the pot even more. hisó[ proposal eliminate the state sales tax for anyone buying hybrid or electric vehicle. 3000 dollar savings of a green energy car. gas leap powered vehicle generate 40 percent of the state air pollution. >> great story. 13-year-old girl from fremont got an opportunity to share some of her scientific knowledge with the president today. jessica was among 30 students from across the nation who attended the third white house science fair. met the president. got firsthand look at invention that won the stem competition. that's the nation top science technology engineering and math competition. >> want you to know that you have got a whole country behind you as you pursue your dreams. and your success is going to be our success as well. >> all right? >> way to go. >>reporter: young jessica awarded for her project thaebingt uses led lights to help strengthen tired eye muscle and improve peripheral vision. how impressive is th
to shift the nation to a smaller government with less regulation and taxes. now, that rattles folks like the editor-in-chief of the rap.com, a hollywood web site, who writes, quote: the koch brothers are known for having funneled multiple millions of dollars into right-wing political campaigns. this news should make anyone who cares about journalism nervous. well, i care about journalism, i'm not nervous. the chandler family founded the l.a. times in 1888 as a conservative newspaper, and never mind that no complaints were raised after reports that democratic billionaires ron burkle and ely broad were interested in buying "the new york times." there's that old saying that freedom of the press goes to the guy who owns one. the key point here isn't red or blue or politics, it's green -- money. tribune company just emerged from chapter 11, and while liberal pillars in hollywood are interested mainly in buying only the l.a. times, the koch brothers may bid to buy all eight tribune newspapers combined, and that could better insure their survival. liz? liz: well, yeah. to be fair and balanced,
where you get this increase in volatility after tax time. and you see all the companies revising their earning forecast to temporary expectations. and so typically in the next month or two we'll have some external macro surprise that will get everyone concerned again. it's been a very consistent pattern that we do well in the fall and the early spring and then cool off and get more volatile. >> rick santelli, markets all waiting for these earnings reports this week. in the meantime among your markets, gold has bounced big today. the dollar is still flirting with 100 yen. what are you watching? what are the benchmarks you're keeping an eye on this week? >> well, you know what, i think the biggest benchmark that i'm going to pay attention to is the dax stock index in germany. it's down about 1.75% on the year. last week not only were eurozone car sales, registrations off, but germany was off in particular. i think keep it simple. i think as those auto numbers deteriorate, it's just going to exaggerate all the other weaker economies. and when you get the imf admitting that austerity
imgrabts if they pay a $500 back taxes and get a job. they would have to wait ten years to be eligible for a green card, three more years to be eligible for citizenship. it is a pathway to citizenship. it wrangles some like ted cruz of texas. >> any bill that insists upon that jeopardizes the likelihood of passing any immigration reform bill. >> reporter: no question the pathway to citizenship will be the most contentious part of the proposal and that is why the bipartisan gang of eight works so hard in the month leading up to the release of the plan to get influential outside groups like the chamber of commerce on board. >>> air travelers bracing for more delays this morning. the judge refused to stop the furloughs of air traffic controllers.blame for severe flight delays ash the country. jill a sharyl attkisson joins us. >> reporter: the third possible delay of flight delays due to furlough of air traffic controller. the delay stretched from coast to coast. by the end of the night, l.a.x. had one of the biggest backups, nearly two hours. >> the government needs t
in new york city. new york already has the highest cigarette tax in the country, as of late last ye, 28 states banned smoking in all general workplaces, public places, including bars and restaurants. so this essentially would raise the age if it goes through to the same age where you can buy booze so booze a cigarettes in the same category. >> you wonder if that will backfire make mor kidshe same with alcohol wan to try i because you have to be 21 to have access to it. >> i don't know. >> i tnk it's a great idea. >> i do, too. >> there needs to be some tougher legislation. >> the good news is that new york smoking rateor teens in new york city is at like 8.5%, which is far less than the state average and the national average, but it's been stagnating. it had been dropping and now it's stagnating. i don't see anything wrong with it. >> this continues the long decline of smoking in america some numbers that stunned me t wasn't until 1998 that smoking was banned aboard all u.s. domestic flights under six hours. >> i remember we were talking about how it doesn't seem like it was that long a
Search Results 0 to 13 of about 14